Henderson European Trust (LON:HET) Stock Price Down 1.1% – Time to Sell?

Shares of Henderson European Trust plc (LON:HET) dropped 1.1% on Thursday . The company traded as low as GBX 185 ($2.39) and last traded at GBX 185 ($2.39). Approximately 1,901,469 shares were traded during trading, an increase of 261% from the average daily volume of 526,628 shares. The stock had previously closed at GBX 187 ($2.42).

Henderson European Trust Stock Up 0.3 %

The firm’s 50 day simple moving average is GBX 187.82 and its 200-day simple moving average is GBX 180.12. The company has a market capitalization of £615.14 million, a PE ratio of 545.59 and a beta of 0.87.

Henderson European Trust Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, January 2nd were given a dividend of GBX 1.30 ($0.02) per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a yield of 0.73%. Henderson European Trust’s dividend payout ratio (DPR) is 1,764.71%.

About Henderson European Trust

Henderson European Focus Trust plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in public equity markets of Continental Europe. It seeks to invest in stocks of companies operating across diversified sectors.